From: william johnson [bigbilltus@yahoo.com]
Sent: Wednesday, November 05, 2003 6:46 AM
To: rule-comments@sec.gov
Subject: Regulation SHO (s7-23-03)
Major Mistake:
1)Sleazy promoters will pull all stock out of DTC.
2)Market makers will check to see if stock is in DTC
to be borrowed. When it isn't, they will NOT fill any
orders on the stock, because they know the game is on
to manipulate the stock higher (Would you sit there
and print losses all day)?
3)Stocks will go from pennies to dollars VERY QUICKLY
and come down just as fast.
4)If your objective is to increase volatilty, you will
accomplish that.
5)The SEC must include a provision whereby a certain %
of stock is in dtc, otherwise this a penny stock
manipulator's DREAM COME TRUE!
6)There are many unintended consequences of this
action. Please think it thru....
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